Laserfiche WebLink
San Mateo County Transportation Authority/City of Redwood City/Manzanita Works <br />Essential Wheels E-bike Loaner Program <br />REV: 03-25-25 LF <br />19303926.3 <br />opt to procure excess or umbrella coverage to meet the above requirements, but in <br />such case, these policies must also satisfy all specified endorsements and <br />stipulations for the underlying coverages and include provisions that the policy <br />holder's insurance is to be primary without any right of contribution from the TA. <br />c) Deductibles and Retentions. Entity must ensure that deductibles or <br />retentions on any of the above insurance policies are paid without right of <br />contribution from the TA. Deductible and retention provisions cannot contain any <br />restrictions as to how or by whom the deductible or retention is paid. Any <br />deductible or retention provision limiting payment to the named insured is <br />unacceptable. <br />In the event that any policy contains a deductible or self-insured retention, and in <br />the event that the TA seeks coverage under such policy as an additional insured, <br />Entity will ensure that the policy holder satisfies such deductible to the extent of <br />loss covered by such policy for a lawsuit arising from or connected with any alleged <br />act or omission of the Entity or Agents, even if neither the Entity nor Agents are <br />named defendants in the lawsuit. <br />d) Claims Made Coverage. If any insurance specified above is provided on a <br />claim-made basis, then in addition to coverage requirements above, such policy <br />must provide that: <br />i. Policy retroactive date coincides with or precedes the Entity's start <br />of work (including subsequent policies purchased as renewals or <br />replacements). <br />ii. Entity will make every effort to maintain similar insurance for at <br />least three (3) years following Project completion, including the <br />requirement of adding all additional insureds. <br />iii. If insurance is terminated for any reason, each Entity agrees to <br />purchase an extended reporting provision of at least three (3) years to report <br />claims arising from work performed in connection with this Agreement. <br />iv. Policy allows for reporting of circumstances or incidents that might <br />give rise to future claims. <br />e) Failure to Procure Adequate Insurance. Failure by any Entity to procure <br />sufficient insurance to financially support Section 4.1, Indemnity, of this <br />Agreement does not excuse Entity from meeting all obligations of Section 4.1 and <br />the remainder of this Agreement, generally. <br />Prior to beginning work under this Agreement, Entity must obtain, and produce <br />upon request of the TA, satisfactory evidence of compliance with the insurance <br />ATTY/AGR.2025.051/Funding Agreement with San Mateo County Transportation Authority (Essential Wheels) (Page 10 of 19)